Stakeholder  
        
      
      
        
          Engagement
        
      
      
        10 
      
      
        
          Hopewell Holdings Limited
        
      
      
         Sustainability Report 2010/11
      
      
        The nature of our business requires us to take into account 
      
      
        stakeholder views when designing and implementing property and 
      
      
        infrastructure developments. Over the years we have developed 
      
      
        various communication channels that enable us to share information 
      
      
        with stakeholders and receive feedback on an on-going basis. We 
      
      
        also recognise that systematic engagement with all stakeholders is 
      
      
        essential for any long-term sustainability plan. We conducted our first 
      
      
        independent stakeholder engagement exercise to ensure the materiality 
      
      
        of our reporting.  Stakeholder opinions are important to us and help 
      
      
        drive improvements in our business and operational performance. 
      
      
        Engaging Communities
      
      
        
           We are long-time members of  
        
      
      
        
          the Wan Chai neighbourhood and 
        
      
      
        
          we are in it for the long haul. 
        
      
      
        
          We, too, want what is best for  
        
      
      
        
          our neighbourhood.
        
      
      
        Albert Kam Yin YEUNG, Executive Director, Hopewell Holdings Limited
      
      
        As an example of our efforts to keep stakeholders informed of our latest 
      
      
        projects, we have posted information of the Hopewell Centre II project 
      
      
        through a specially designed website (www.hopewellcentre2.com) 
      
      
        that clearly illustrates our vision and plans for the project. With the use 
      
      
        of animation and graphic presentation, we intend for our communities 
      
      
        to find it easier to understand our approach and plans. 
      
      
        We will develop a more formal strategy of consultation with 
      
      
        communities which will allow us to better understand the views and 
      
      
        expectations of our stakeholders relating to our major developments.
      
      
        Consulting stakeholders on 
      
      
        Hopewell Centre II
      
      
        After rounds of consultation and internal review, the development 
      
      
        plan for Hopewell Centre II was revised in 2008. Taking note 
      
      
        of the concerns from local residents and the community, the 
      
      
        revised plan strikes a balance between economic development 
      
      
        and environmental protection. The scale of the project was  
      
      
        drastically reduced from 93 storeys to 55 storeys and the height 
      
      
        of the hotel to be built will be 210 metres, maintaining the island 
      
      
        ridge line in the backdrop. 
      
      
        In 2010/11, we continued to communicate with local stakeholders 
      
      
        on the progress of the project. Other important features of the 
      
      
        revised plan include the conservation of trees in the area and 
      
      
        the provision of a green park totalling 5,880 square metres.  
      
      
        We also propose to set up a consultative group to solicit views 
      
      
        on the design of the green park.
      
      
        We endeavour to engage our stakeholders in the communities where 
      
      
        we operate, including local residents, tenants, NGO partners and 
      
      
        district councillors. We take their views into consideration during 
      
      
        the planning and design stage of our development projects with a 
      
      
        view to implementing projects which respond to the needs of the 
      
      
        community and promote sustainable community growth.